Daiichi Life Group Inc

Company Profile

• Business description

  Dai-ichi Life is Japan's second-largest life insurer (excluding the recently privatized Japan Post Insurance), commanding 11% of annualized net premiums. Unlike its largest domestic rivals-Nippon Life, Meiji Yasuda, and Sumitomo Life-which remain mutually owned by policyholders, Dai-ichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. The group's profit profile is geographically diversified: its main domestic operating company contributes roughly 60% of profits; Frontier, its bancassurance subsidiary focused on savings products, adds around 10%; Protective Life (based in Alabama) accounts for about 15%; TAL in Australia contributes 7%; and Dai-ichi Life Vietnam generates about 5%. Additionally, the group holds a 30% economic interest in Mizuho's Asset Management One.

• Contact

  13-1, Yurakucho 1-chome
  Chiyoda-ku
  Tokyo100-8411
  JPN

  T: +81 332161222

  https://www.daiichilife-group.com

• Sector

  Financial Services

  Stock type

  Cyclical

• Industry

  Insurance - Life

  Fiscal Year End

  31 March 2027

  Employees

  60,814